DOGS Meme Coin Surges 30% Amid Market Trends

On August 28, the meme token DOGS, associated with a Telegram mini-application, experienced a notable surge of nearly 30%. At the time of writing, the coin is trading at $0.001557, according to CoinGecko.

On August 26, DOGS was listed on cryptocurrency exchanges Binance, Bybit, OKX, Bitget, and Gate.io. Users gained the ability to trade the coin in the Wallet, as well as on platforms Ston.fi and Dedust.io. 

According to internal statistics, within the first 10 hours, DOGS trading volume reached $1.74 billion with a market capitalization of $624 million.

Currently, the coins are distributed among more than 493,000 holders. 27.68% of the issuance is held on Binance.

Amid the situation involving the detention of Telegram founder Pavel Durov, major tokens in the TON ecosystem showed moderate growth:

• Toncoin increased by 0.5% and is trading at $5.45;
• Notcoin — $0.009048 (+3.7%).

The first phase of the presale for the new meme token Shiba Shootout (SHIBASHOOT) will conclude on September 2. According to the website, the project has raised over $1 million at the time of writing. 

SHIBASHOOT can be purchased at $0.02 per token using ETH, USDT, and bank cards, and then staked. 

In the future, coin holders will be able to use them in the virtual world of the “Wild Crypto West”: earning SHIBASHOOT by inviting friends, making decisions on the project’s ecosystem development, and participating in the Lucky Lasso lottery.

Previously, DOGS developers disclosed the project’s tokenomics.